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Oct 13, 2012
10/12
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from harry truman to ronald reagan, now the carpenter's grandson is selling about a 1,000 hand me downs, they include a lighter, john f. kennedy's baby pin, and a wooden post from 1814 when the british set fire to the white house. some of the starting bids as high as $12,000. >>> thanks for joining us this morning. ,,,,,,,,
from harry truman to ronald reagan, now the carpenter's grandson is selling about a 1,000 hand me downs, they include a lighter, john f. kennedy's baby pin, and a wooden post from 1814 when the british set fire to the white house. some of the starting bids as high as $12,000. >>> thanks for joining us this morning. ,,,,,,,,
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Oct 12, 2012
10/12
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KOFY
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. >> robbed reagan. >> now you are jack kennedy. >> ronald reagan. >> plenty of heat. biden showed more emotion tonight and personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack kennedy line generated 58,000. the minute it was by far the most tweeted remark. over all though the debate didn't create as much traffic as the presidential one 10.3 million tweet. >> president obama and mitt romney meet in their second doe bait next tuesday in new york this one will be town hall meeting format. we'll carry it live starting at 6:00 p.m. >>> all right. you may know heart break in oakland tonight. unfortunately the a's incredible run in the play offs comes to an end. >> couldn't pull off a win in the game 5 of the series and larry is here now. >> kind of a bumper. especially after last n
. >> robbed reagan. >> now you are jack kennedy. >> ronald reagan. >> plenty of heat. biden showed more emotion tonight and personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack...
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Oct 12, 2012
10/12
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KGO
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. >> robbed reagan. >> now you are jack kennedy. >> ronald reagan. >> plenty of heat. biden showed more emotion tonight and personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack kennedy line generated 58,000. the minute it was by far the most tweeted remark. over all though the debate didn't create as much traffic as the presidential one 10.3 million tweet. >> president obama and mitt romney meet in their second doe bait next tuesday in new york this one will be town hall meeting format. we'll carry it live starting at 6:00 p.m. >>> all right. you may know heart break in oakland tonight. unfortunately the a's incredible run in the play offs comes to an end. >> couldn't pull off a win in the game 5 of the series and larry is here now. >> kind of a bumper. especially after last n
. >> robbed reagan. >> now you are jack kennedy. >> ronald reagan. >> plenty of heat. biden showed more emotion tonight and personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack...
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Oct 12, 2012
10/12
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>> ronald reagan. >> now you're jack kennedy? >> and tax cuts and auto bailout and those are big issues that got really heated between joe biden and paul ryan at last night's vice presidential debate so i immediately thoughthe person i would have to call on this to fact check it would be christine romans and she was available. thank you. so here's the deal. it just stands to reason that they both seem to say something with such confirmation in their voices and it's hard to say how this can be different. >> it's politics, my friend. talk taxes because i keep hearing this 20% across the board tax cut and then i hear the counterclaim, you can't pay for that. the math doesn't work. >> you can't make the math work. >> we have looked into this and the tax policy center says you can't make the math work. paul ryan's claim that you can cut it 20% across the board and keep it intact all of the while keeping it neutral and it says given the information available that we have about their plans is just not possible to cut that tax as much as
>> ronald reagan. >> now you're jack kennedy? >> and tax cuts and auto bailout and those are big issues that got really heated between joe biden and paul ryan at last night's vice presidential debate so i immediately thoughthe person i would have to call on this to fact check it would be christine romans and she was available. thank you. so here's the deal. it just stands to reason that they both seem to say something with such confirmation in their voices and it's hard to say...
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Oct 12, 2012
10/12
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ronald reagan -- >> oh. now, you're jack kennedy. >> reporter: vice president joe biden and republican challenger, paul ryan, delivered stark difference on domestic and foreign policy. including how to fix the economy. >> we're going in the wrong direction. look at where we are. the economy is barely limping along. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. they pay more effective tax than governor romney pays in his federal income tax. >> reporter: ryan went after president obama for his response to the u.s. consulate attack in libya. >> it took the president two weeks to acknowledge that this was a terrorist attack. >> reporter: while biden challenged ryan's proposed changes to medicare. >> you are jeopardizing the program. you're changing the program from a guaranteed benefit. >> reporter: it was a more heated back and forth than the first presidential debate. and biden often laughed at ryan's arguments. >> joe bide
ronald reagan -- >> oh. now, you're jack kennedy. >> reporter: vice president joe biden and republican challenger, paul ryan, delivered stark difference on domestic and foreign policy. including how to fix the economy. >> we're going in the wrong direction. look at where we are. the economy is barely limping along. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. they pay more effective...
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Oct 12, 2012
10/12
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. >> robbed reagan. >> now you are jack kennedy. >>onald reagan. ronald reagan. >> plenty of heat. biden showedt and more emotion tonighd personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now you are jack kennedy line generated 58,000. the minute it was by far the most tweeted remark. over all though the debate didn't create as much traffic as the presidential one 10.3 million tweet. >> president obama and mitt romney meet in their second doe bait next tuesday in new york this one will be town hall meeting format. we'll carry it live starting at 6:00 p.m. >>> all right. you may know heart break in oakland tonight. unfortunately the a's incredible run in the play offs comes to an end. >> couldn't pull off a win in the game 5 of the series and larry is here now. >> kind of a bumper. especially after last
. >> robbed reagan. >> now you are jack kennedy. >>onald reagan. ronald reagan. >> plenty of heat. biden showedt and more emotion tonighd personality but i think who you believe won the debate? probably depend on your political point of view unless you include abc martha. she was clearly the best moderator so far. fichlt thanks. social media came alive tonight as well as the two candidates duke it out. twitter says the debate generated 3 and half million tweet. biden now...
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reagan in 1984. >> i did avoid, i'm afraid, in my previous answer also. >> reporter: president obama seemed to have initially thought all went well that night. >> this was a terrific debate. >> reporter: but quickly after he left the stage, he talked to aides and realized he had not brought his "a" game. "this is on me," he later told top advisers, and since then, he's been studying the video of that night with the goal of a more energetic and crisp performance. while the obama campaign dismisses it, other top democrats say pressure is now on vice president biden. a win by congressman paul ryan could create a dynamic of energized challengers squaring off against tired incumbents. and, diane, vice president biden is in debate prep holed off in a delaware hotel reading the book that ryan co-authored, "young guns" and practicing some of the attack lines the president did not use. there is more room for vice presidential candidates to use those attack lines because their approval ratings do not matter as much. diane? >> jake, as you said, the pressure really on, and governor romney tried
reagan in 1984. >> i did avoid, i'm afraid, in my previous answer also. >> reporter: president obama seemed to have initially thought all went well that night. >> this was a terrific debate. >> reporter: but quickly after he left the stage, he talked to aides and realized he had not brought his "a" game. "this is on me," he later told top advisers, and since then, he's been studying the video of that night with the goal of a more energetic and crisp...
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Oct 14, 2012
10/12
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>> reporter: when president ronald reagan uttered that one line. president obama hopes that one exception is the only one. >> that debate. what happened? >> coverager romney had a good night. i had a bad night. >> how bad? >> it's not the first time i had a bad night. what is important is the fundamental of what this race is about haven't changed. >> karl rove wrote that the first debate will be seen as the decision point in this election. do we make too big a deal out of debates? or does mr. rove have a point? >> we make too big a deal in that it's hard to argue that debates test or reveal aptitudes that are pertinent to the performance of presidential duties. debates are now semiconstitutional events. you cannot become president without participating. clearly, in close elections, '60, '76, 2000, it's plausible to say they caused enough change to be the margin of difference. with regard to this year's, it's too soon to say whether the surge mitt romney got from his debate performance is enough or not. if it is durable, it will be because what happ
>> reporter: when president ronald reagan uttered that one line. president obama hopes that one exception is the only one. >> that debate. what happened? >> coverager romney had a good night. i had a bad night. >> how bad? >> it's not the first time i had a bad night. what is important is the fundamental of what this race is about haven't changed. >> karl rove wrote that the first debate will be seen as the decision point in this election. do we make too big...
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Oct 12, 2012
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. >> ronald reagan -- >> reporter: at the end, each man summed up and both chose to attack. >> my friend says that 30% of the american people are takers. romney points out 47% of the people won't take responsibility. he's talking about my mother and father. talking about the places i grew up, my neighbors. he's talking about, he's talking about the people that built this country. all they're looking for is an even shot. >> president obama, he had his chance. he made his choices. this is not what a real recovery looks like. you deserve better. mitt romney and i want to earn your support. we're offering real reforms for a real recovery for every american. >> at least it was a lot better watch than the romney/obama. meanwhile hashtag mularkey is trending nationwide. and martha raddatz has received 80,000 twitter mentions, some saying martha for vice president. >>> next, our political insiders are going to tell us who made the grade tonight. [ feedback ] attention, well, everyone. you can now try snapshot from progressive free for 30 days. just plug this into your car, and your good driving
. >> ronald reagan -- >> reporter: at the end, each man summed up and both chose to attack. >> my friend says that 30% of the american people are takers. romney points out 47% of the people won't take responsibility. he's talking about my mother and father. talking about the places i grew up, my neighbors. he's talking about, he's talking about the people that built this country. all they're looking for is an even shot. >> president obama, he had his chance. he made his...
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Oct 12, 2012
10/12
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ronald reagan. >> as for which candidate won the debate it seems to be a bit of a tossup with some polls giving a slight advantage to ryan. others to biden. a watch party of students turned out for this historic debate between two catholic vice presidential candidates. >> i am catholic and it's nice to hear them say they are practicing. but i think a lot of the policy they forget about their religion. >> even this campus only about 50 students showed up to watch the vice presidential debate. there were plenty of empty seats. >>> president obama watched the vice presidential debate on air force one as he was returning to washington from a campaign visit from florida. following the debate the president told reporters he thought joe biden was terrific and already called the vice president to congratulate him. mitt romney watched the debate at his hotel room in ashville, north carolina. the campaign spokesman said he called paul ryan immediately after the debate to congratulate him. on our website at ktvu.com we posted more video of last nights debate. look for the world and u.s. news tan ri
ronald reagan. >> as for which candidate won the debate it seems to be a bit of a tossup with some polls giving a slight advantage to ryan. others to biden. a watch party of students turned out for this historic debate between two catholic vice presidential candidates. >> i am catholic and it's nice to hear them say they are practicing. but i think a lot of the policy they forget about their religion. >> even this campus only about 50 students showed up to watch the vice...
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Oct 14, 2012
10/12
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they were collected by a man with a carpenter there for 33 years from trueman to ronald reagan. now that carpenter's grandson is selling about 1,000 hand me downs and they include trueman's lighter and kennedy jr.'s monogrammed baby pin. also a burnt wooden post from 114 when the british set fire to the -- 1814 when the british set fire to the white house. it was done during reconstruction. some of the starting bids were as high as $12,000. that's pretty cool. >>> all right we're going leave you now with live pictures near bald win hills the los angeles suburb where the endeavour is now -- running some three hours behind schedule. but a sight to behold and it's sort of the impromptu parade down in southern california where millions of people will be visiting it at the museum. do you think they could have navigated the streets of san francisco with us? >> what about almost bard? they removed trees. >> they did. they planted more in place of them. >> but they can't move the buildings. >> they can't. >> that's their challenge. >> all right. >> that's it for eyewitness news at 5:30.
they were collected by a man with a carpenter there for 33 years from trueman to ronald reagan. now that carpenter's grandson is selling about 1,000 hand me downs and they include trueman's lighter and kennedy jr.'s monogrammed baby pin. also a burnt wooden post from 114 when the british set fire to the -- 1814 when the british set fire to the white house. it was done during reconstruction. some of the starting bids were as high as $12,000. that's pretty cool. >>> all right we're going...
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Oct 12, 2012
10/12
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FBC
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>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows he was concerned about his safety, that it could blow up, and legally it should be investigated, and warrant the hiring of a special prosecutor. do you think it blows up to be that big of an issue, and do you think it will come up in this debate. >> it may come up, i think that the administration is in a very tough position, they have two answers, which were not good, one is they were incompetent the other, they were lying. neil: true to your word, keeping it straight and simple like your old boss. if it takes away from this administration. you heard from time again from vice president that osama bin l
>> i think he might, he might take cues in a since of knowing how ronald reagan approached the debate to maintain a friendly disposition to be alert to the questions, and respond appropriately. and also to be very polite, and to be the gentlemen he always was. neil: ed, i am wondering, as a former attorney general, now, a lot of legal questions raised about the benghazi blow up, what the administration knew, many are demanding to see cables from ambassador stephens that they think shows...
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Oct 12, 2012
10/12
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to work with congress, that means specifically. >> no specific. >> what we're saying is lower tax rates 20%. >> and you guarantee this math will add up. >> six studies have guaranteed and said this math adds up. >> let me translate. >> i'll come back in a second, right? >> i was there when ronald reagan you gave tax rates, he gave specifics of what he would cut in terms of taxan expenditures. 90% of small businesses in america make less than 250,000. let me tell you who other small businesses are. hedge funds, that make $600, $800 million a year. that will count as small b
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower taxes 20%. 1.1 million in loopholes and deductions. deny those loopholes and deductions to higher-income taxpayers so more income is taxed, which has a broader base of taxation. and here is why i'm saying this. what we're saying -- >> i hope i get time to respond to this? >> you will get time. >> we want to...
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Oct 7, 2012
10/12
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MSNBC
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nixon was better in the second, gerald ford came back, ronald reagan came back after the disaster. and one assumes that president obama is doing the homework to make sure it happens. >> so johnathan, giving what larry describes here, does this mean the president has to come back and do just a solid debate performance or does he have to blow the socks off this one? >> just a solid performance. you know, he does have a lead, he lost, at most, two points. one to two points out of this last week, so he is going to be going in at this next debate, unless something else happens, which is not likely. you know, with a four-point lead, possibly. so if he can just deliver a solid performance, he will be fine. the danger for him is over compensating. so they talked about al gore, when he was sighing, and demeanor was not good, gore over-compensated again in the third debate, so that is something that people who have had a poor debate performance have to worry about. >> larry, i want to ask you about this very quickly, the next debate style will be town hall. we talked about how the president
nixon was better in the second, gerald ford came back, ronald reagan came back after the disaster. and one assumes that president obama is doing the homework to make sure it happens. >> so johnathan, giving what larry describes here, does this mean the president has to come back and do just a solid debate performance or does he have to blow the socks off this one? >> just a solid performance. you know, he does have a lead, he lost, at most, two points. one to two points out of this...
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Oct 12, 2012
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage of is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion in loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> he is wrong about that. >> not mathematically possible. >> it has been done before. >> it has never been done before. >> it has been done a couple of tim
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses make less than $250,000. hedge funds that make $600 million a year. let's look at how sincere they are. governor romney on "60 minutes," 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 pays more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage...
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Oct 10, 2012
10/12
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reagan's re-election team in 1984. he worked on numerous other campaigns. good to have you back. >> good morni. waoopecs s mt. raspngt yoei out there? >> momentum clearly gone toward romne momentum is important in the closing days of the campaign. he has it. the that debate made him an acceptable alternate to the president. th baln tdent has d mnnia, his people are enthusiastic. we always knew it would be a close race. right now people are very, very enthused about romney's opportunities. bill: you say that voters are judging him as a serious terne. enn a ocs statement like that? >> first of all an incumbent is always very difficult to beat. people hed him to do a job. obviously this president has not done the jb. fore you fire him, in essence what the votersave ove, ha ag 1980. y jimmy carter went out and tagged him as reckless all the rest of it. once people saw reag in the debate all of sudden the tide turned and he won a dramatic landslide. th coupehiim n pctgnde burein a victory. bill: two days ago i watched upsta
reagan's re-election team in 1984. he worked on numerous other campaigns. good to have you back. >> good morni. waoopecs s mt. raspngt yoei out there? >> momentum clearly gone toward romne momentum is important in the closing days of the campaign. he has it. the that debate made him an acceptable alternate to the president. th baln tdent has d mnnia, his people are enthusiastic. we always knew it would be a close race. right now people are very, very enthused about romney's...
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Oct 6, 2012
10/12
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when you put machine up against ronald reagan. they will fail because it is ronald reagan. let mitt romney have his moment and applaud him and not try to tie him to the past but look to the future. >> why do people say you need that phrase and sentence in a debate that can be remembered for people going forward for the generation toz come. why do you have to have that pivotal moment. >> they are the game changer. whether the age issue with mondale there you go again . are you better off today than you are four years ago in great moments. different time and place that we are in than we were back in 1980 even though there are many similarities. society is different today than it was back in the 1980s. and so we have to change and understand it from that view point. >> let me ask you going forward, what are your expectations as mitt romney prepares for his next big face off with the president? >> he can't have a down moment. i think what happened we see it in the polls. you see the polls change things are getting closer and mitt romney is in the lead. people saw them for the f
when you put machine up against ronald reagan. they will fail because it is ronald reagan. let mitt romney have his moment and applaud him and not try to tie him to the past but look to the future. >> why do people say you need that phrase and sentence in a debate that can be remembered for people going forward for the generation toz come. why do you have to have that pivotal moment. >> they are the game changer. whether the age issue with mondale there you go again . are you better...
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Oct 12, 2012
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>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of taxation. >> can i translate? >> so we can lower tax rates across the board. here's why i'm saying this. what we're saying -- >> i hope i'm going to get time to respond to this. >> you'll get time. >> we want to work with the congress on how best to achieve this. that means successful. >> no specifics -- >> what we're saying is lower tax rates 20%. start with the wealthy, work with congress to do it. >> you guarantee this math will add up? >> absolutely. six studies guaranteed, verified this math adds up. >> vice president biden? >> let me translate. let m
>> look at what ronald reagan and tip o'neill did. they worked together out of a framework to lower tax rates and broaden the base and worked together to fix that. what we're saying is, here's our framework. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is, deny those loopholes and deductions to higher income taxpayers so more of their income is taxed which has a broader base of...
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Oct 12, 2012
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ronald reagan, six years during his tax reform we went from $600 billion to $1 trillion worth of revenue. that's a 67% increase. even george bush's tax cuts, in 2003, federal revenue was a little under $1.8 trillion. before the housing vote, $2.5 trillion. that's a 42% increase in revenue to the federal government. lowering marginal tax rates is incentivizing. >> i hear you on that. what people are taking exception to is without details, as a taxpayer, of what's on the table and what's off the table, it's a very easy way to throw out numbers without necessarily being having to be responsible for the math working out. i mean i thought martha raddatz did a very good job on this. she's sort of like you're not again going to give specifics. and chris wallace -- >> you are giving specifics as you're giving directions to congress. this is what ceos do. listen, as you design this, make sure that people making $200,000 will not have their tax burden lowered. but we're going to lower their marginal tax rate because that produces inseverives for them to create jobs. for people making less than $20
ronald reagan, six years during his tax reform we went from $600 billion to $1 trillion worth of revenue. that's a 67% increase. even george bush's tax cuts, in 2003, federal revenue was a little under $1.8 trillion. before the housing vote, $2.5 trillion. that's a 42% increase in revenue to the federal government. lowering marginal tax rates is incentivizing. >> i hear you on that. what people are taking exception to is without details, as a taxpayer, of what's on the table and what's...
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Oct 14, 2012
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reagan, but we've had spike in the disproportionate focus in the key states in lesser presidency, george w. bush's presidency and barack ama obama's. >> host: what you teach at the u.s. naval academy? >> guest: i teach courses on the presidency of campaigns, elections, politics generally and occasionally course on the congress. it's a wonderful place to teach. >> host: are those require courses or elective courses? >> guest: the introductory to american politics is required every student must take a cours the u.s. constitution. the other courses or upper-leve elective courses are mostly political science majors come up with all sisters throughout the majors across the naval academy. >> host: what are some of the equent questions you get from e cadet? >> guest: faired midshipman. it's a common name given to cadets at west point and air force. so the mid, they have lots of questions. they're curious about the esidents are less commander-in-chief. this on teaching our campaigns and ele
reagan, but we've had spike in the disproportionate focus in the key states in lesser presidency, george w. bush's presidency and barack ama obama's. >> host: what you teach at the u.s. naval academy? >> guest: i teach courses on the presidency of campaigns, elections, politics generally and occasionally course on the congress. it's a wonderful place to teach. >> host: are those require courses or elective courses? >> guest: the...
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Oct 12, 2012
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. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is deny those so that more of their income is taxed -- >> can i translate sf. >> so we get to lower tax rates across the board. here's why i'm saying this. >> i hope i'm getting a timed response. >> you'll get time. >> we want to work with congress on how best to achieve this. that means successful -- >> no specifics, again. >> what we're saying is lower tax rates 20%. start with the wealthy. work with congress. >> can you guarantee this math will add up? >> absolutely. >> six study advisory guaranteed. six study advisory verified this math adds up. >> vice president biden. vice president biden. >> let me translate. let me have a chance to translate. >> i'll come back in a second then, right? >> i was there when ronald reagan --
. >> look at what ronald reagan and tip o'neill did. they worked together to broaden the base and lower tax rates. what we're saying is, here is our frame work. lower tax rates 20%. we raise about $1.2 trillion through income taxes. we forego about $1.1 trillion in loopholes and deductions. so what we're saying is deny those so that more of their income is taxed -- >> can i translate sf. >> so we get to lower tax rates across the board. here's why i'm saying this. >> i...
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Oct 12, 2012
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>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the board. what we are saying -- >> i hope i get time to respond-- >>> you will get time. >> we want to work with congress on how best to achieve this. >> martha: no specifics? >> lower tax rates 20%, start with the wealthy. work with congress to do it? >> martha: you guarantee this math will add up. >> six studies have guaranteed and verified. >> martha: vice-president -- [overlapping dialogue] >> let me translate. let me have a chance to translate. >> first of all, i was there when ronald reagan tax rates and he gave specifics of what he was going to cut, number 1 nterms of tax expen
>> look at what -- look at what ronald reagan and tip o'neill did. they worked together out of a frame work to lower tax rates and broaden the base and fix na. we are saying, here's our frame work, lower tax rates 20%. we raised $1.2 trillion in income taxes and forego $1.1 trillion in loophole deductions. we are saying, deny the loopholes and deductions to higher-income taxpayers, so more of their income is taxed -- >> can i translate? >> to lower the tax rates across the...
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Oct 12, 2012
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i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take advantage is that carried interest loophole and capital gains loophole. there is not enough -- the reason why the study, the american enterprise institute study, the reason they all say it is going to go up for the middle class, the only way you can find $5 trillion and loopholes is cut the mortgage deduction for middle-class people. cut the health care deduction for middle-class people. that is why -- >> she is wrong about that. you can still preserve these -- he is wrong about that. >> not mathematically possible. >> it has been
i was there with ronald reagan. he gave specifics in terms of tax expenditures. 97% of the small businesses pay less than -- make less than $250,000. adds funds -- hedge funds that makes $600 million a year. let's look at how sincere they are. governor romney, 10 days ago, was asked, you pay 14% on $20 million. someone making $50,000 paid more than that. do think that is fair? he said, yes, that is fair. you think these guys are going to cut those loopholes? the biggest loophole they take...
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Oct 13, 2012
10/12
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. >>> it is a question posed by candidate ronald reagan. over three decades ago. >> are you better off than you were four years ago? >> and it's a message the candidates are still actually using today. >> the president has no record to run on. in fact, every president since the great depression who asked americans to send them into a second term could say that you are better off today than you were four years ago, except for jimmy carter and for president barack obama. >> if people think they're better off, i would say, well, take a look at the numbers when it comes to median household income, which is down every year for the last four years. >> the obama administration, however, is taking the other side. >> you want to know whether we're better off. i got a little bumper sticker for you. osama bin laden is dead and general motors is alive! >> bloomberg business week took a look at that very question in this week's election issue asking about the price of your food, the value of your home and your paycheck. staff writer took the question to
. >>> it is a question posed by candidate ronald reagan. over three decades ago. >> are you better off than you were four years ago? >> and it's a message the candidates are still actually using today. >> the president has no record to run on. in fact, every president since the great depression who asked americans to send them into a second term could say that you are better off today than you were four years ago, except for jimmy carter and for president barack...
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Oct 12, 2012
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>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board -- >> biden: i hope i'm going to get time to respond -- >> you'll get time. >> ryan: we want to work on how to achieve this -- >> no specifics, then. >> ryan: lower tax rates 20%, start with the wealthy -- >> can you guarantee this math will add up. >> ryan: six studies have verified that this will add up -- >> vice president biden. >> biden: let me have a chance to translate. ronald reagan gave specifics to what he was going to cut number one in terms of tax expenditures. number two 90% of the small businesses in america make less than $250,000. let me tell you who some of
>> ryan: look at what ronald reagan and tip o'neill did. they worked together to lower tax rates and broaden the base and worked together to fix that. we're saying here is our framework, lower tax rates about 20% -- we forgo about $1.1 trillion in loop holes and deductions so what we're saying is deny those loophole and deductions to higher income taxpayers so more of their income is taxed -- >> biden: can i translate. >> ryan: so we can lower tax rates across the board --...
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>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it was about 10 days ago-- was asked, governor you pay 14% on $20 million. someone making $50,000 pays more than that. do you think that's fair? he said oh, yes, that's they are, that's fair. and they're going-- you think these guys are going to go out there and cut those loopholes. the biggest loophole they take advantage of is the carried interest loophole and capital gains loophole. they exempt that. there's not enough it's reason why the a.a.i. study, the american enterprise institute study, the tax policy study, the reason they say taxes will go up on the mid
>> first of all, i was there with ronald reagan. he gave specific to what he was going to cut, number one, in terms of tax expenditures. number two, 97% of the small business in america pay less than-- make less than $250,000. let me teal you who some of other small businesses are, hedge funds that make 600, 800 million a year. that's who they count as small business because they're pass-through. let's look at how sincere they e.e. governor romney on "60 minutes--" i guess it...
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Oct 12, 2012
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we went back a few months ago and decided to answer the famous question that ronald reagan posed are you better off than four years ago. most people forget he followed that up with three other questions, is unemployment better, easier to buy things and is the u.s. more respected in the world today than it with you when jimmy carter took office. >> how did you answer those? >> we went and compiled -- the entire issue is charts, graphs, articles but for the respect in the world we went and polled cab drivers in different countries all over the world. >> the old cab driver poll. >> so we tried to sort of take that -- >> i thought we always made up those cab drivers. >> we found real ones and for the most part we are more respected in the world at least according to the cab drivers. >> there were a few light moments. this was sort of the irish coming out of both joe biden and paul ryan. >> this is a bunch of stuff. here's the deal -- >> what does that mean, a bunch of stuff. >> it means it's simply inaccurate. >> it's irish. >> it is. we irish call it mularkey. >> they did -- their perso
we went back a few months ago and decided to answer the famous question that ronald reagan posed are you better off than four years ago. most people forget he followed that up with three other questions, is unemployment better, easier to buy things and is the u.s. more respected in the world today than it with you when jimmy carter took office. >> how did you answer those? >> we went and compiled -- the entire issue is charts, graphs, articles but for the respect in the world we...
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ronald reagan -- >> now you're jack kennedy. >> a battle of minds. congressman ryan and vice president widen go head to head in the first and only vice presidential decade. we dig into the facts and fiction ahead. >> malarkey complaining, laughless, shirtless, just a few of the top search items on google during last night's debate. we have more on the debate coming up this hour. >> shirtless. >> shirtless what, could be better than that. >> welcome back to "early start." >> it's friday, october 12th. there was plenty of passion and paul ryan and joe biden each got in a zinger or two but no knockout last night in the vice presidential debate. nobody had a bad night and nobody was too polite, that's to be sure. joe biden was the aggressor and paul ryan looking like the calm, collected counterpuncher. >> and here's how america scored it. a cnn orc poll taken right after the debate showed 48% of the voters who watched thought ryan won and 44% favored pieden. that's a statistical tie. senior congressional correspondent dana bash is live from danville, ken
ronald reagan -- >> now you're jack kennedy. >> a battle of minds. congressman ryan and vice president widen go head to head in the first and only vice presidential decade. we dig into the facts and fiction ahead. >> malarkey complaining, laughless, shirtless, just a few of the top search items on google during last night's debate. we have more on the debate coming up this hour. >> shirtless. >> shirtless what, could be better than that. >> welcome back to...
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Oct 10, 2012
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. >> you know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite the fact that earlier the cfo reiterated fiscal 2013 sales guidance, maybe investors were looking for him to boost that up. he did reduce cap ex spending for 2013. the new reach, 12 to $13 billion. that could have something to do with it as well. the stock still higher on the day. just a little bit of a selloff. bill. >> i think those costco numbers helped the retailers today as well. a lot of the big box retailers doing well today. we're headi ining toward the cl. about 25 minutes left. we're hovering near the lows of the session with the dow down more than 130 point
. >> you know what tax revenue did under ronald reagan? it went up 100% even though they cut taxes dramatically. tax revenue doubled in eight years. don't forget, you can catch the vice presidential debate tomorrow night here on cnbc beginning at 7:00 p.m. eastern time. >> let's go to jackie deangelis with this market flash. >> good afternoon, guys. taking a look at shares of walmart. of course, it hit record highs earlier in the session. coming off just a little bit. despite...